Another example goal is being “debt-free this year” you need first to know how much ba total debts na dapat mong bayaran..

2. Then.. after knowing the Goal Cost, it is time to set a deadline and compute how much you need to set aside in the budget per month for you to achieve the goal on your specific deadline.

Here’s an example:

Myra and Johnny owed a relative P15,000 due to an emergency. (They do not have an emergency fund)

Myra & Johnny’s Goal for 2018 is to…

Pay-off P15,000 debt by December 15, 2018

From January 15, 2018- December 15, 2018

By setting aside P1,250.00/month, they can achieve their goal to pay off their debt by December 15, 2018.

The idea is, we can make small steps to achieve our big goals.

There are months during our season of debt, that I am honestly praying , for God to send us someone who can give us the amount that we need, but I’ve learned that God is teaching us so many things in that season, this is one of the lessons we’ve learned.

Take one small step at a time.

I also love this quote “God didn’t give us a dream that matches our budget…”

Indeed true, because sometimes when we compute our goals and dreams given by God, it looks so impossible in our current situation, but let’s not lose our hope.

What we can do in years, God can do in a second. In our family, we have “faith goals” these are goals that are impossible on our own but we’re entrusting God to answer if it is His will for our family.

This goal setting and budgeting format is just a guide. At the end of the day, it is still His plans that will prevail.

“For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it?”
‭‭Luke‬ ‭14:28‬ ‭ESV‬‬

Do you want a copy of this Budget Goal Printable? Send me a private message or just leave your email here :)

Budgeting for the family has always been something I struggled in and I’ve been reading your blog ever since, and your tips deem useful in our lives <3 Thanks so much momma! Please share more budgeting tips, or maybe other techniques young moms like me need to know!

Yes to everything here! I always prepare a set budget whenever we want to do something (vacation, investment on our property, etc.). It really helps to have our goals backed up by numbers. Mas madaling ma-achieve.

As early as now, nagsasave na ko for Edmund’s school and other finances, indeed budgeting is the key to success and for you to have your ultimate dream- financial freedom. Avoid borrowing money and leaving within your means because if you live beyond your budget, yes, maganda nga marami kang updated na gadgets, travel everywhere and eat at expensive resto pero ang wallet mo 0 naman, wala rin.